1. $EHang Holdings Ltd(EH)$
One of the biggest movers in the China ADR universe today is EHang Holdings. Pilotless eVTOL rocks.
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2. $BABA-W(09988)$ $Alibaba(BABA)$
BABA now down 0.4% and trading at a 3.4% discount to HK listed shares despite tomorrow Chinese investors will come back to the market since Sept 30 and able to trade Alibaba on the Stock Connect. 🤔
3. $Gold - main 2412(GCmain)$
You might be wondering why Chinese buyers are a little weary of buying gold these days. But the fact it’s holding close to $2700 in the absence China purchases is remarkable. The rest of the world is taking on more gold and realizing central banks are just itching to return to QE.
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https://x.com/BrianTycangco/status/1843280670392746163
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